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Entree Resources Ltd T.ETG

Alternate Symbol(s):  ERLFF

Entree Resources Ltd. is a Canadian mining company. The Company is focused on the development and exploration of mineral property interests. The Company is principally focused on its Entree/Oyu Tolgoi JV Property in Mongolia. The Entree/Oyu Tolgoi joint venture property includes Lift 1 and Lift 2 of the Hugo North Extension copper-gold deposit, the Heruga copper-gold-molybdenum deposit, and a large underexplored, highly prospective land package. The Oyu Tolgoi project comprises two separate land holdings: the Entree/Oyu Tolgoi JV Property, which is a partnership between Entree and OTLLC, and the Oyu Tolgoi mining license, which is held by OTLLC. The Entree/Oyu Tolgoi JV Property comprises the eastern portion of the Shivee Tolgoi mining license and all the Javhlant mining license. The Company has a 56.53% interest in the Blue Rose Joint Venture. The Company has an interest in acquiring a 0.5% net smelter return royalty on the Canariaco copper project in Northern Peru.


TSX:ETG - Post by User

Bullboard Posts
Post by advice4U2on Nov 29, 2005 3:48am
243 Views
Post# 9933078

MONGOLIA WELCOME TO GO IT ALONE

MONGOLIA WELCOME TO GO IT ALONEI say they should go for it. Here's whats in their future without Canadian Know How. Toll Grows in China Mine Blast; at Least 138 Dead Eleven people are missing. National leaders demand stricter enforcement of rules. From Associated Press QITAIHE, China — The death toll from a coal mine explosion rose to at least 138 on Monday, with 11 people missing, and national leaders demanded stricter enforcement of safety rules. China's mining industry is by far the world's deadliest, with more than 5,000 fatalities a year. Outside the Dongfeng mine here in China's northeast, guards blocked the front gate as about a dozen people stood in subfreezing weather and evening fog. Four women argued loudly with the guards, demanding to be let in to look for relatives. People who answered the phone at the mine office said they were too busy to provide information. The disaster is a setback for Chinese officials struggling to improve safety in the coal mining industry. Most accidents are blamed on disregard for safety rules or lack of equipment for ventilation or fire control. Local officials often are accused of helping mine owners or managers flout the rules. Beijing has unveiled one safety initiative after another in recent years. It has announced the creation of a national network of safety inspectors, stricter fire standards and shorter working hours for miners. Authorities say they have shut down more than 12,000 mines this year for safety inspections. Thousands have been ordered to improve, and many others aren't expected to reopen. The government said the explosion in Qitaihe was caused by coal dust that ignited. There was no word on whether misconduct or human error were thought to have played a part. Chinese President Hu Jintao and Premier Wen Jiabao urged officials to curb the "possible occurrence of big safety accidents which claim huge casualties and property losses," the state-run newspaper China Daily reported. The leaders called for enforcement of stricter inspections and punishments, it said. Provincial Gov. Zhang Zuoji was shown visiting survivors in the hospital. Most wore oxygen masks, and many were in bed in their work clothes, their faces caked with grime.
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